
Consumer Discretionary / Automotive · NSE
Founded in 2010, Voler Cars Limited provides safe and reliable employee transportation solutions for multinational companies and corporate clients. The company operates a fleet of over 2,000 vehicles, including cars, SUVs, electric vehicles, buses, and tempo travelers, offering round-the-clock customer support and efficient service. In FY 2023-24, it completed around 323,550 trips, averaging 884 trips per day. Operating across major cities like Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad, Voler Cars ensures timely pick-ups and drop-offs through vendor-sourced and leased vehicles managed under strict SLAs. With GPS tracking and advanced technology, it enables smooth trip scheduling, real-time monitoring, and seamless corporate travel management.
Price Band
₹85 – ₹90
Issue Size
₹27.00 Cr
Lot Size
1600 shares
GMP
+5.6%
Est. Listing
₹95
at current GMP
Subscribed
13.73x
overall
Open
12 Feb 2025
Close
14 Feb 2025
Allotment
17 Feb 2025
Refund
18 Feb 2025
Demat Credit
19 Feb 2025
Listing
19 Feb 2025
Overall Subscription
13.73x
Total Demand
QIB Multiplier
9.34x
Institutions & Funds
NII / HNI
19.06x
High Net-Worth
Retail (RII)
13.94x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 556,800 | 5,203,200 | 9.34x |
| NIB | 419,200 | 7,992,000 | 19.06x |
| RETAIL | 977,600 | 13,627,200 | 13.94x |
| Total | 1,953,600 | 26,822,400 | 13.73x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 7 | 0.00x |
| NIB | — | 528 | 0.00x |
| RETAIL | — | 8,517 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Voler Car Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Automotive sector with an aggregate issue size of ₹27 Crores. The shares are offered at a price band of ₹85 to ₹90 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-02-14, the basis of allotment is scheduled to be finalized on 2025-02-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Voler Car Limited IPO is ₹5 per equity share. Based on the upper price band of ₹85 to ₹90 per equity share, the estimated listing price is ₹95 (+5.6% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹5, the expected profit per application lot is approx ₹8,000 (+5.6% gain). Minimum application cost is approx ₹1,44,000.
The Voler Car Limited IPO aggregate issue size is ₹27 Crores with an equity price band set at ₹85 to ₹90 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 13.73x (Retail: 13.94x, QIB: 9.34x, NII: 19.06x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-02-17. Investors can verify status using PAN card or application number.
Voler Car Limited shares are scheduled to list on NSE on 2025-02-19.